First Merchants (FRME) Research & Development (2010 - 2026)

First Merchants has reported Research & Development for 17 years, with the latest figure at $7.2 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 21.27% year-over-year to $7.2 million; the trailing twelve-month figure through Mar 2026 stood at $28.7 million (up 9.81% YoY), and the FY2025 full-year result was $27.5 million, up 1.28% from the prior year.
• Research & Development for Q1 2026 stood at $7.2 million, down from $7.5 million in the prior quarter.
• The five-year high for Research & Development was $7.5 million in Q4 2025, with the low at $4.4 million in Q1 2022.
• Historically, Research & Development has averaged $6.4 million across 5 years, with a median of $6.6 million in 2023.
• Annual changes were most pronounced in 2022 — Research & Development soared 42.41% — and 2025, when it retreated 13.94%.
• First Merchants' Research & Development stood at $5.6 million in 2022, then grew by 4.71% to $5.9 million in 2023, then rose by 2.62% to $6.0 million in 2024, then increased by 24.55% to $7.5 million in 2025, then slipped by 4.25% to $7.2 million in 2026.
• The last three Research & Development figures came in at $7.2 million (Q1 2026), $7.5 million (Q4 2025), and $6.9 million (Q3 2025), per Business Quant data.